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4.7 Tuesday Awei Morning Market Analysis and Strategy
BTC made a secondary attempt to test the 70,300 level but faced obvious resistance, forming a "double top" pattern with heavy selling pressure above. Currently, the price has fallen back to around 68,600, indicating a short-term further decline may be needed.
Overall, the upward space is limited, the rebound strength is insufficient, and the trend is mainly bearish.
Sell on rallies, do not rush to buy the dip.
BTC: Short in batches around 68,800–69,400, target 68,000–67,000
ETH: Short in batches around 2,110–2,140, target 2,070–2,030
The market has already given signals. Don't hesitate at high levels; if it's a short, go ahead and short, just set your stop-loss properly. #加密市场行情震荡 #国际油价走高 #Circle将推出cirBTC $BTC $ETH $SOL